Corporate Strategy - By leveraging existing relationships with those in the silver industry, Silver Dragon seeks to build a large and diversified silver portfolio. The portfolio will comprise three distinct types of mining properties:
- Promising exploration targets;
- Highly-leveraged, out-of-the-money silver deposits; and
- Former producing properties with significant untapped exploration potential.
Silver Dragon Resources, Inc.
November 2007
Investing in Growth Presentation
BUILDING AND ACQUIRING RESERVES
Silver Dragon is focused on expanding a reserve base of undercapitalized assets through opportunistic acquisition and development, starting with the completion of NI 43-101 compliant drill programs.
Ø Drill program completed at Cerro las Minitas, Mexico. Initial NI 43-101 Resource report released in the first quarter of 2007.
Ø China projects being aggressively drilled with a focus on expanding the current known resource base. Initial NI 43-101 Resource for Erbahuo property released in the second quarter of 2007.
Ø Initial NI 43-101 Resource analysis for Laopandao Beihou property commenced third quarter of 2007.
Ø Conversion program to Canadian Standard NI 43-101 from 122b underway for remaining seven properties.
Ø The reserve calculations meet the Chinese 122b level of confidence (minable ore).
CURRENT RESOURCES
30 -35 million estimated silver equivalent ounces (NI 43-101) at the Cerro las Minitas mine.
6 million ounces of estimated silver equivalent ounces (NI 43-101) at Erbahuo mine; our smallest of nine properties.
320 million ounces of 122b compliant inferred silver resources at the nine Erbahuo mining properties.
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